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ALASKA CONTINENTAL, INC. v. TRICKEY

No. S-6878.

933 P.2d 528 (1997)

ALASKA CONTINENTAL, INC., Appellant, v. Howard S. TRICKEY, William K. Jermain, Paul Bergquist, Gregg K. Clapper, Charles A. Dunnagan, Timothy Craig, Barbara Lynn Furin for Dr. Gregory Furin, and Key Bancshares of Alaska, Inc. d/b/a Key Bank of Alaska, Appellees.

Supreme Court of Alaska.

February 7, 1997.

Attorney(s) appearing for the Case

Warren G. Kellicut and Terry A. Venneberg, Anchorage, for Appellant.

Thomas P. Amodio and Stephen H. Hutchings, Birch, Horton, Bittner and Cherot, Anchorage, for Appellees.

Before COMPTON, C.J., and RABINOWITZ, MATTHEWS, EASTAUGH, JJ., and SHORTELL, Justice Pro Tem.

OPINION

RABINOWITZ, Justice.

I. INTRODUCTION

This appeal involves a suit between two creditors of a bankrupt corporation. Resolution of the appeal's merits requires us to determine when a newly formed corporation may litigate a claim of a dissolved predecessor corporation. We conclude that Alaska Continental, Inc. can properly assert claims once possessed by its dissolved predecessor and shareholders. We further conclude that with...

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